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Originally Posted by ApacheDan Hi Rick, this sounds pretty much like I trade, except on higher timeframes. Doing it manually at 5M would drive me crazy. This would be a $99 investment for me, so I will follow your results closely. Is this a MT4 EA? can the channels be widen? Thanks for any info.
Dan |
Hi Dan,
You should know that after over 9 weeks on demo, I have activated this EA on my live account (at...hopefully, low risk).
Yes, this an MT4 EA written in it's language MQL4. Yes, the channel's can be widened, I think. That's part of this EA's problems, it's way too complex. Options up the wazoo. You can adjust any part of it's trading logic, so I assume you can adjust the channel depth also.
It's long-term (and I mean long, like six years or more) backtests are outstanding. Near perfect (sample backtest pdf is in
post #322 of my trading journal).
Rick